A laboratory test of the constant risk hypothesis

It has been repeatedly suggested that subjects aim at maintaining a constant error probability in many variants of self-paced performance and that they adjust their behaviour so as to keep their risks relatively constant. This constant risk hypothesis is investigated in a simple computer-controlled...

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Bibliographic Details
Published in:Acta psychologica 1984-01, Vol.55 (3), p.281-294
Main Author: Veling, Ipe H.
Format: Article
Language:English
Subjects:
Behavior. Attitude
Biological and medical sciences
Fundamental and applied biological sciences. Psychology
Psychology. Psychoanalysis. Psychiatry
Psychology. Psychophysiology
Social psychology
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Summary:It has been repeatedly suggested that subjects aim at maintaining a constant error probability in many variants of self-paced performance and that they adjust their behaviour so as to keep their risks relatively constant. This constant risk hypothesis is investigated in a simple computer-controlled addition task it which subjects manipulated exercise difficulty as a function of their own calculation proficiency and the allotted solution time. Error probability proved to be unrelated to level of skill and to amount of allotted computation time, but to depend onuncertainty with respect to exercise difficulty.
ISSN:0001-6918
1873-6297
DOI:10.1016/0001-6918(84)90046-5